World News

What is CXMT and how did it become China's most valuable listed firm?

China's biggest memory chipmaker has stunned global markets with a blockbuster stock market debut. Here is what the company does and why investors are betting big on it

Trump admin's Section 301 tariff policy may face legal challenge, says GTRI

GTRI says the US is offering preferential tariff treatment to some recent trade partners despite identical Section 301 determinations, preserving the benefits of recent trade agreements.

CXMT surges 466% in debut, becomes China's most valuable listed firm

The explosive debut ​crowned CXMT as China's most valuable listed company, overtaking banking giant Industrial and Commercial Bank of China, long the market's heavyweight

Why is Warner Bros taking Amazon to court over one executive hire?

Amazon is facing a lawsuit from Warner Bros. Discovery over the hiring of a senior executive. Here's what the legal battle is about

​AstraZeneca beats second-quarter profit expectations, holds outlook

The drugmaker reported better-than-expected second-quarter earnings, driven by strong demand for cancer and rare disease therapies

3 people killed in Seattle festival shooting, police arrest one suspect

Three people died and four others were wounded and are in stable condition at a hospital

Christopher Nolan's 'The Odyssey' gets leaked online, Universal responds

The leaked version of the film was released on X on Saturday and got over 50,000 views on the platform

One killed in communal clash in Nepal's India-bordering Sunsari district

The violence erupted on Sunday night in the Kaptangunj area of Devgunj when members of two religious communities clashed over the use of loudspeakers and the display of religious flags

France, Spain battle worsening wildfires as heat fuels massive blazes

With over 300k people evacuated across the two nations, a French official said the fire in the southwest Atlantic coast's Gironde region is headed toward Bordeaux, an urban center of 265k people

Pentagon changes how it reports soldier casualties in Iran conflict

The changes separated the casualty numbers into two separate web pages, potentially making it more difficult to tally the war's full toll

Nvidia in talks with OpenAI to guarantee $250 bn financing for data centre

The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio

Suspect in deadly Berlin Pride attack killed in confrontation with police

Abdul Ballout, a German citizen with Lebanese roots, was killed following a search that lasted nearly 24 hours after the attack in downtown Berlin

Netanyahu accuses Mamdani of fomenting hate, calls ICC charges bogus

Netanyahu said he intends to be in New York in September to address the annual UN gathering of world leaders, despite the mayor's suggestion that he is not welcome

Mojtaba Khamenei commends Hezbollah's 'unyielding' stance against Israel

Iran's Supreme Leader praises Hezbollah's steadfastness against Israel, reiterates Tehran's support for the group, and says resistance remains the only path forward amid the ongoing regional conflict

Trump dismisses concerns over US munitions shortage amid Iran conflict

Trump rejected claims that dwindling munitions pose a problem for US defence capabilities

US, Iran pause attacks for second day amid push for ceasefire talks

It was not clear why the US has paused after targeting Iranian coastal areas and infrastructure in a nearly two-week escalation sparked by Iran's firing at ships trying to transit the Strait of Hormuz

Iran war spreads to Red and Caspian Sea, Gulf quiet as US forgoes strikes

The US military said on Saturday that its naval blockade against Iran 'remains in full effect' but did not explain why it halted a streak of 13 nights of escalating strikes

Meet the woman who stands to inherit much of Jeffrey Epstein's fortune

Newly released Epstein investigation files shed light on Karyna Shuliak's life, relationship with the late financier, and her efforts to build a career as a dentist

Australian PM to raise concerns over new tariffs with US President Trump

Australian Prime Minister Anthony Albanese says he will raise new US tariffs with President Donald Trump, calling the measures unjustified and seeking their removal

Will call out Trump if required: Britain's new Prime Minister Andy Burnham

UK Prime Minister Andy Burnham said he will always put Britain's interests first and will call out Donald Trump if required, while ruling out an early general election